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- URN zum Zitieren dieses Dokuments:
- urn:nbn:de:bvb:355-epub-583884
- DOI zum Zitieren dieses Dokuments:
- 10.5283/epub.58388
Zusammenfassung
Reforming social security can improve efficiency and reduce future fiscal strain, emerging with the rising old-age longevity. However, it generates transitory fiscal cost and reduces insurance against income risk, which is embedded in current US social security. We show that if that transitory fiscal cost is financed through increased capital income taxation, the efficiency gains can be amplified ...
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